>I dont understand why my comoany doesnt allow to put money in vanguard money market
Because they're trying to protect you from yourself. Even if you're 25 minutes from retirement nobody should be all in on a MMF with their retirement accounts.
>I hate risk
You're going to hate having no money in retirement more.
You may find these links helpful:
- [Retirement Accounts](/r/personalfinance/wiki/index#wiki_retirement)
- ["How to handle $"](/r/personalfinance/wiki/commontopics)
*I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/personalfinance) if you have any questions or concerns.*
I'm not sure which fund you are talking about. When I look up that fund I find something different:
[https://investor.vanguard.com/investment-products/mutual-funds/profile/1548](https://investor.vanguard.com/investment-products/mutual-funds/profile/1548)
That said, be careful about being too conservative. Being too conservative is its own form of risk: inflation risk. If you have a longer period of time (think 5-10-20-30 years) until you need the money the stock market is your friend. (Smart) Risk is your friend. All you need for retirement savings is something like an S&P 500 index fund (almost every 401k will offer that) or a total stock market index fund like VTI which gives you similar extremely low fees but a bit more diversification.
> On its fact sheet, its return rate is only 1%
Over what period of time?
Target Retirement Income Fund is for people who are already retired. It's really not a good choice for someone who has decades to go until retirement.
>I dont understand why my comoany doesnt allow to put money in vanguard money market Because they're trying to protect you from yourself. Even if you're 25 minutes from retirement nobody should be all in on a MMF with their retirement accounts. >I hate risk You're going to hate having no money in retirement more.
You may find these links helpful: - [Retirement Accounts](/r/personalfinance/wiki/index#wiki_retirement) - ["How to handle $"](/r/personalfinance/wiki/commontopics) *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/personalfinance) if you have any questions or concerns.*
I'm not sure which fund you are talking about. When I look up that fund I find something different: [https://investor.vanguard.com/investment-products/mutual-funds/profile/1548](https://investor.vanguard.com/investment-products/mutual-funds/profile/1548) That said, be careful about being too conservative. Being too conservative is its own form of risk: inflation risk. If you have a longer period of time (think 5-10-20-30 years) until you need the money the stock market is your friend. (Smart) Risk is your friend. All you need for retirement savings is something like an S&P 500 index fund (almost every 401k will offer that) or a total stock market index fund like VTI which gives you similar extremely low fees but a bit more diversification.
> On its fact sheet, its return rate is only 1% Over what period of time? Target Retirement Income Fund is for people who are already retired. It's really not a good choice for someone who has decades to go until retirement.